This one wasn't quite as profitable as some others, but i also didn't hold it as long: only 18 days.
I'm moving toward a 25-day trade time: sell at 46 DTE, buy back around 21 DTE. This avoids some of the risk of the days toward expiration but captures a lot of the collapse in option value starting around day 45.
Chart is now like this:
| Trade Date | Symbol | Result | Profit/Loss | Comment |
|---|---|---|---|---|
| 02/06/2017 | SPY | Lost | -18% | |
| 02/13/2017 | SPY | Lost | -16% | |
| 02/21/2017 | SPY | Won | +15.4% | |
| 02/27/2017 | SPY | Won | +17% | |
| 03/06/2017 | SPY | Won | +15.3% | |
| 03/13/2017 | SPY | Won | +12.9% | |
| 03/20/2017 | TLT | Lost | -1.4% | Dumb! |
| 03/27/2017 | SPY | Won | +9.6% | |
| 04/03/2017 | SPY | Won | +6.6% | 18 days long |
| 04/10/2017 | SPY | Open | ||
| 04/17/2017 | SPY | Open |
That's up to 67% winners, including the dumb loss a couple of weeks ago. This rate should become 80%+ in the next few weeks ...

No comments:
Post a Comment